A manufactured product has the following information for August. Standard...

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Accounting

A manufactured product has the following information for August.
Standard Quantity and Cost Actual Results
Direct materials 2 pounds per unit @ $3.00 per pound
Direct labor 0.5 hour per unit @ $20 per DLH
Overhead $18 per DLH
Units manufactured 12,200 units
Total manufacturing costs $ 300,400
(1) Prepare the standard cost card showing standard cost per unit.
(2) Compute total budgeted cost for production in August.
(3) Compute the total cost variance for August.

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